Is it worth investing in BNB currently?

[Riberet19]

BNB seems to be burning more and more tokens, every time I look at the token it has fewer tokens in circulation, which is a good incentive to invest in the project since it is deflationary in the long term, but the problem is that I don't hear anything about the project right now, and Binance has been having legal problems for a long time, its former CEO, Chanpeng Zhao has been sentenced to prison for alleged money laundering in his operations at Binance, and I don't know to what extent BNB could be involved in all this, I'm sure the token is tainted in a certain way.

 

[promise001]

I cannot provide personalized investment advice or make specific recommendations on cryptocurrencies like BNB (Binance Coin). However, I can offer some general insights to consider:

 

[junetindi]

Investing in BNB can be worthwhile, especially if you believe in the potential of the Binance ecosystem and its utility within it. However, like any investment, it's essential to do thorough research, understand the risks involved and try out .out of my experience l have tried and seen it working it is worth though requires hardwork and commitment so take not of that.

 

[Nomad]

I do not have any assets in BNB at the moment but I have invested on BNB in the past and made some profits. I think BNB will be the most valuable coin after Bitcoin and Ethereum.

 

[Riberet19]

I'm interested in BNB mainly because it's a deflationary currency currently and since it's widely used thanks to Binance, it's quite attractive.

 

[deucher]

It is very good that they are burning tokens, however, in my opinion, this only supports the current price because the interest in this token has fallen significantly. I think they should come up with something new to drive the price up. But in the long run it is worth buying it

 

[Riberet19]

I think in the long run it will continue to be valuable because I think it's hard for any other exchange to outperform Binance market-wise.